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Building Block Concepts of Costing Systems Quiz Questions and Answers 37 PDF Download

Learn building block concepts of costing systems quiz online, cost accounting test 37 for online learning, distance learning courses. Free building block concepts of costing systems MCQs questions and answers to learn accounting quiz with answers. Practice tests for educational assessment on building block concepts of costing systems test with answers, economic value added, accounting: operating income, cost variance analysis and activity based costing, estimating cost function using quantitative analysis, building block concepts of costing systems practice test for online BBA internships courses distance learning.

Free online building block concepts of costing systems course worksheet has multiple choice quiz question: process of assigning direct or indirect cost to any cost object is known as with choices cost assignment, cost expectation, event assignment and probability assignment for students, scholars and online tutors' study resource for classroom interactive questions with answers, study job costing multiple choice questions based quiz question and answers. Building Block Concepts of Costing Systems Video

Quiz on Building Block Concepts of Costing Systems Worksheet 37 Quiz PDF Download

Building Block Concepts of Costing Systems Quiz

MCQ: Process of assigning direct or indirect cost to any cost object is known as

  1. cost assignment
  2. cost expectation
  3. event assignment
  4. probability assignment

A

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: Weak relationship between cost and cost driver is indicated on a regression line, which is

  1. curved
  2. slightly sloped
  3. completely sloped
  4. dotted

B

Cost Variance Analysis & Activity Based Costing Quiz

MCQ: An unfavorable volume-production variance is used to measure amount of

  1. fixed setup cost
  2. total setup cost
  3. variable setup cost
  4. total overhead cost

A

Accounting: Operating Income Quiz

MCQ: Fixed cost is added to target operating income and then divided to contribute margin per unit to calculate

  1. quantity of units required to sold
  2. selling of units
  3. sold units
  4. contributed units

A

Economic Value Added Quiz

MCQ: If current assets are $250000 and current liabilities are $135500, then working capital would be

  1. $3,855,500
  2. $314,500
  3. $214,500
  4. $114,500

D